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CHANGING PRODUCT STRUCTURE AND COMPARATIVE ADVANTAGE: THE CASE OF HUNGARIAN AGRO-FOOD TRADE

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Jambor A., Hubbard L. J.
Ekonomický časopis (Journal of Economics)
|
2013
|
vol. 61
|
issue 8
846 – 860
EN
EU accession has changed the agro-food trade of New Member States, including Hungary. The article focuses on analysing the changing structure and comparative advantage of Hungarian agro-food trade by product group and degree of processing. It aims to provide a clearer analysis of the effects of EU accession on Hungarian primary and processed agro-food trade by employing the latest data. Results confirm that revealed comparative advantages have weakened after accession and that the vast majority of products had a revealed comparative disadvantage after 2004. It is clear that accession has radically changed the survival time of agro-food trade, reasons for which are also identified.
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